Bitcoin Price Prediction: Smart Money is Watching These 2 Levels – What About You?

Bitcoin has broken a two-week losing streak, bouncing back from a low of $100,200 to trade above $107,600. This bullish change comes after BTC decisively broke through a multi-week downtrend line on the 4-hour chart, a move that technical traders view as a reversal of short term momentum. What has driven this move? A bullish engulfing candle has broken through the $106,800 level, a key resistance that is now acting as short term support. Additionally, BTC is recording higher lows, forming a textbook bullish pattern. The relative strength index (RSI) is at 66.76, indicating that the current bullish trend is strengthening but is approaching the overbought zone. The next important resistance level is $108,905. If this level is broken, the price of Bitcoin is predicted to target $110,565 and even $111,987 in a continued bullish move. Smart Money Targets $103,700 And $95,600 In addition to the technical factors, the on-chain metrics are painting a clear picture of where smart money is tracking. According to the spendable supply distribution (SSD) from Glassnode, 95% of the total circulating BTC was purchased at a price below $103,700. That level currently serves as a psychological and statistical threshold, which analysts often refer to as "Cost Basis Support".

Another important level is at 95,600 dollars, where 85% of the Bitcoin supply has a lower purchase price. These percentile thresholds create a "value zone" where institutional and long-term investors are likely to engage and defend the price. If Bitcoin falls from the current level, expect these two price areas to serve as buffers before any deeper correction. Key support areas: $103,700: SSD resistance 95% $95,600: 85% SSD base cost $106,800: Retest zone of the trend line Bitcoin Outlook: Bullish Setup With Caution in Short Term Although there is increasing pressure from long-term holders (LTH) taking profits, historical data shows that June is usually favorable for Bitcoin. The average monthly profit is +2.58%, indicating that the current bounce back may still continue.

However, traders should approach the current setup in a disciplined manner. A breakout right above $106,800 is very promising; However, an unsuccessful breakout above $108,905 could lead to a solid pullback. The relative strength index (RSI) signals that a cooling off may be necessary before the bulls can overcome the next barrier. Trading idea: Entry: Wait for the 4-hour closing price to confirm above $108.905Stop loss: Set below $106.800Target 1: $110,565Target 2: $111,987Note: Avoid entering the position too early; RSI is approaching overbought levels. In summary, smart money is watching both the $103,700 and $95,600 areas for value, while the breakout structure signals a bullish trend, provided BTC maintains its position. Bitcoin Hyper Presale reaches $821,000—Layer 2 just got a meme-sized upgrade Bitcoin Hyper ($HYPER) is taking off as the first Bitcoin-native Layer 2, combining speed, scalability, and meme culture. Built to fix Bitcoin's most critical flaws—slow transactions and high fees—it leverages the Solana Virtual Machine (SVM) to bring fast, low-cost smart contracts to the BTC ecosystem. With over $821,823 raised, early users are betting big on the combination of technological innovation and the appeal of memes. The core features that make it stand out What makes Bitcoin Hyper different? This is the only Layer 2 based on Bitcoin that combines the speed of SVM with the security of the BTC base layer. The Canonical Bridge allows for seamless BTC transfers, while the low gas fees and high execution speeds support dApps, meme coins, payments, etc. Audited by Consult, it is built for speed, reliability, and scalability. Staking Rewards and Utility $HYPER is more than just a token; it powers the ecosystem. Users can stake to receive high APY rewards after launch, use it to pay gas fees, and access (dApp) premium decentralized applications. Plus, active holders can earn bonuses through governance initiatives and early adoption. It's the real utility in a package capable of creating memes. The pre-sale is currently ongoing—Don't miss the bullish trend. The public presale is currently underway, with 1 $HYPER priced at $0.011825. More than 90% of funding goals have been mobilized. Early buyers will lock in the price at this stage before introducing the next level. Buying with cryptocurrency or cards, without a wallet? No problem. Web3Payments is integrated for seamless payments.